Crypto news

Blockchain technology could assist with adjusting and improving current technical challenges in the expanding business of commercial drone delivery, said the US Department of Transport (DOT).Distributed ledger technology could see utilization in different sectors, from security and identification to flight data recording.Commercial Drones: Growth And ChallengesAccording to a research paper from the US Department of Transport, the estimated number of Unmanned Aircraft Systems (UAS) was roughly...

Bitcoin IRA – a retirement services firm in Los Angeles that allows people to invest in digital currencies like bitcoin, Ethereum and bitcoin cash – has published a new e-book explaining why it’s important to have gold added to one’s portfolio.Bitcoin IRA – Gold Is Very ImportantGold is often considered one of the most stellar assets one can own. A precious metal, gold has proven itself resistant to economic turmoil and often remains stable during crises. While stocks and crypto fell terribly...

Many analysts believe that the price of bitcoin could potentially reach $10,000 before the halving is set to occur.Could Bitcoin Spike It Big All Over Again Soon?If that’s the case, bitcoin would need to spike to the five-figure range in less than two weeks. Can it be done? Is this enough time for the asset to truly make its mark?The last time bitcoin was trading in the $10,000 range was last February. This held for a few weeks and then the currency fell victim to the hazards of the market as...

Ethereum saw a 1% price decline over the past 24 hours of trading as it drops to the $210 price area.The cryptocurrency was recently struggling at the $220 level.Against Bitcoin, Ethereum dropped into the 0.0236 BTC support earlier today.Key Support & Resistance LevelsETH/USD:Support: $211, $203, $200.Resistance: $220, $225, $245.ETH/BTC:Support: 0.0236 BTC, 0.023 BTC, 0.0226 BTCResistance: 0.024 BTC, 0.0247 BTC, 0.025 BTCETH/USD – Ethereum Struggling at $220Ethereum dropped by 1% today...

According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%.At the same time, BitMEX’s leadership position in the field has been challenged by Huobi, OKEx, and Binance.Derivatives On The RiseAnd amid the most apprehensive days of uncertainty prompted by the eventual aftermath of the COVID-19, the cryptocurrency market went through a substantial losses. Most assets plunged by as much as 50% in mid-March.During these times of hyper...

The recent Bitcoin price increases, and the upcoming halving have brought back media attention. CNBC recently explained the upcoming halving and made a bold prediction claiming that BTC could surge soon.CNBC Believes Bitcoin Will SurgeBitcoin made an appearance on CNBC’s Fast Money on Friday following the recent price surge. Crypto-friendly expert, Brian Kelly, outlined his views on the current situation and explained the halving:“As the whole world is quantitative easing (QE), Bitcoin is...

Zwischen Unterstützung und «neuer Normalität»: KMU und Finanzplatz in Zeiten von Corona. Mit dem Podcast «Stimmen des Finanzplatzes» will die SBVg einen neuen Kanal etablieren, der Entwicklungen und Ereignisse thematisiert, welche den Finanzplatz Schweiz beschäftigen. Akutell wurde ein Podcast zum Thema Corona-Krise live geschaltet: Zwischen Unterstützung und «neuer...

Jack Dorsey’s love letter to bitcoin fans isn’t the ‘poetry’ that everyone thinks it is. The Twitter CEO’s Square Cash app stands to benefit more than the average cryptocurrency user. Bitcoin’s ridiculously high transaction fees make it an implausible candidate for an everyday global currency. According to Twitter CEO Jack Dorsey, bitcoin is poised to become the native currency in a new global internet-based economy. But Dorsey’s latest love letter to bitcoin on a recent episode of the Lex...

Twitter and Jack Dorsey have long claimed to be advocates of both bitcoin and cryptocurrencies in general, but according to some leading members of the digital community, this may not be the case.Twitter Is Fighting Members of the Crypto CommunityMike Dudas – a tech investor and founder of crypto analysis website The Block – claimed that Dorsey is in the process of” shadow banning” him. In other words, Twitter doesn’t have the guts to tell him face-to-face that he’s being banned, and that his...

Bitcoin rose more than 15 percent in one day. The behavior, while very much welcome, is also quite odd, and many analysts are wondering what could have caused the world’s number one digital currency by market cap to experience such a massive surge so quickly.Bitcoin Is Back in Bullish HandsWhile the asset is presently trading for as a much as $8,800 – a price that is certainly solid in most traders’ eyes considering just 1.5 months ago, the currency was trading in the high $3,000 range –...